According to a report by the National Institute of Standards and Technology (NIST), software bugs cost the U.S. economy an estimated $59.5 billion annually. This includes the cost of fixing bugs, as well as the cost of lost productivity, wasted resources, and lost revenue due to downtime.
Furthermore, a study by the Standish Group found that only 34% of IT projects are completed successfully, while 15% are canceled and 51% are deemed challenged. One of the main reasons for these challenges is software bugs and defects, which can result in delays, cost overruns, and other issues that can undermine the success of tech projects.
By using AI-powered tools and techniques to enhance the debugging and testing process, developers can reduce the risk of software bugs and defects, improving the success rate of IT projects. This can help companies save time and money, reduce the risk of project failure, and deliver high-quality software that meets the needs of their customers.
How can AI empower developers’ work?
Copilot and ChatGPT are one of the main used tools to empower developers with AI. Recently, The GitHub Copilot team used a combination of surveys and experiments to understand the effects of the tool, with a focus on measuring productivity holistically and including developers’ first-hand perspective.
The research wrote by Eirini Kalliamvakou led to several key findings:
Developer productivity goes beyond speed: The survey results showed that developers using GitHub Copilot see benefits beyond speeding up tasks, including:
Improving developer satisfaction: 60-75% of users reported feeling more fulfilled with their job, feeling less frustrated when coding, and being able to focus on more satisfying work. 77% of developers reported that GitHub Copilot helped them discover new programming concepts and language features and 79% mentioned Copilot helped them overcome writer’s block. While 90% ensure that they could write code faster and correctly.
Conserving mental energy: 73% of developers reported that GitHub Copilot helped them stay in the flow, and 87% reported it helped preserve mental effort during repetitive tasks. 55% completed tasks faster than developers who did not use the tool.
Overall, GitHub Copilot helps developers work more efficiently and find more satisfaction in their work, while promoting holistic developer wellbeing.
What is the real impact of using AI in your IT projects?
AI-powered tools can analyze data and identify patterns more accurately than humans, reducing the risk of errors and inaccuracies in the development process. This can help ensure that projects are delivered on time and on budget, and that software is of the highest quality.
By automating tasks and enhancing the debugging and testing process, AI can help developers deliver projects faster. This can help companies get products to market more quickly, enabling them to stay ahead of the competition and seize new opportunities.
AI-powered tools can provide developers with valuable insights into the development process, helping them make better decisions and identify potential issues before they arise. This can help companies save time and reduce the risk of costly mistakes.
Improved Customer Experience
By automating customer support and providing personalized recommendations, AI can help companies provide a better customer experience. This can lead to higher customer satisfaction and retention rates, as well as increased revenue and growth.
AI-powered tools can help companies save money by reducing the time required for repetitive tasks and automating customer support. This can help companies lower their operating costs, increase their profitability, and invest in new growth opportunities.
In conclusion, AI can provide several key benefits for IT projects that use developers empowered with AI, including improved accuracy, faster time-to-market, better decision-making, improved customer experience, and cost savings. As AI continues to evolve and mature, we can expect to see even more innovative applications in the software development process, enabling companies to stay ahead of the competition and deliver high-quality software that meets the needs of their customers.
If you are looking to deliver IT projects in a faster and more efficient way, AI is the key. At WeDevelop, quality is our main driver which is why we train our developers with AI to make sure our deliveries are the best possible. If you are looking to escalate your IT team with highly skilled developers, contact us.